-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Democrats simply hate business owners unless they contribute to their political campaigns. However once the money changes hands they hate them again. Democrats, destroying everything they touch.
Biss thinks he’s governor.
Elect socialist leaders , you get socialist policies!
The Law of Unintended Consequences strikes AGAIN!
What a hoot. I’d like to watch these councilmen sit down and write an hourly employee restaurant schedule a week out, and then see what they do as employees call off from work, or simply don’t show up, or arrive late. Or deal with more business on a particular day than they anticipated, or much less business than they anticipated because there’s a foot of snow in the parking lot. Never even talked to people who actually run restaurants and schedule employees before they wrote their silly policy. Got some university know-it-all, who’s also never actually done any of the… Read more »
Evanston’s war on business is Skokie’s gain
I wont do business in Evanston. I turn away potential clients who want to do business in Evanston. I steer them to other communities.